Kohnan Shoji Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018
October 09, 2017
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Kohnan Shoji Co. Ltd. reported consolidated earnings results for the six months ended August 31, 2017. For the period, the company's operating revenue was JPY 161,225 million. Operating income was JPY 10,305 million. Ordinary income was JPY 9,770 million. Profit was JPY 6,024 million. Diluted earnings per share was JPY 174.67 per share. Net cash provided by (used in) operating activities was JPY 12,679 million. Purchase of property, plant and equipment was JPY 12,867 million.
The company provided earnings guidance for the year ending February 28, 2018. For the year, the company expects operating revenue of JPY 313,800 million, operating income of JPY 17,210 million, ordinary income of JPY 16,000 million, profit of JPY 9,600 million and earnings per share of JPY 276.96.
KOHNAN SHOJI CO., LTD is mainly engaged in the operation of home centers. The Company is also engaged in the purchase and wholesale of construction materials, cultivation and wholesale of gardening plants, the operation of animal hospital, as well as the leasing of real estate business.
Kohnan Shoji Co. Ltd. Reports Consolidated Earnings Results for the Six Months Ended August 31, 2017; Provides Earnings Guidance for the Year Ending February 28, 2018